[2015-06-11] CD: Max Keiser's Bitcoin Capital Raises $1.6m via Crowdfunding

[Grand_Voyageur]

Max Keiser's Bitcoin Capital Raises $1.6m via Crowdfunding

Max Keiser's crypto investment fund Bitcoin Capital has closed a $1.6m equity crowdfunding round.

A financial journalist and the host of RT's Keiser Report, Keiser has been an open advocate of cryptocurrencies. He backed his own altcoin, MaxCoin, following its creation by two Bristol University students in early 2014.

Describing itself as "high risk, high return", Bitcoin Capital will invest funds in mining, early-stage startups and cryptocurrencies, with daily dividends paid out in bitcoin.

Full story: http://www.coindesk.com/max-keiser-bitcoin-capital-1-6m-crowdfunding/

[LiteCoinGuy]

somehow i smell "scam"...

[alani123]

So Max turned to crowdsourcing to leverage his pump and dump business. Nicely done.

[LiteCoinGuy]

I don't think this fund is going to achieve what Max is trying.  If you want to see good returns on your mining investment you will need more than just 1.6 million USD.

Then there's the part of pumping altcoins, which seems quite stupid and I think most people have learnt by now that it's safer to go with Bitcoin.

Only the part that invests Bitcoin businesses seems interesting

i guess Max will achieve his goals but not the investors.  


1)  mining will not work (they already say this...)

2) other cryptos are 99,9% scam and will not be superior to bitcoin. startcoin is a joke.

3) investing in btc companies is the only interesting part but iam sure Max has some plans here to get 99% of the profit.

[bryant.coleman]

Max Keiser is a reliable guy. I have watched his videos in RT (Keiser Report), and in general he is pro-Bitcoin. But regarding this venture (Bitcoin Capital), I don't know whether I should support it or not. He got some good amounts of money from the crowdfunding route. Let's wait and watch whether he conducts a pump and dump or not.

[Rampton]

somehow i smell "scam"...

I'm not sure I would go on all out and call it a scam from the get go but I certainly don't trust Max. Sounds like he's trying to do his own Winklevii thing here.

[1Referee]

Max Keiser is a reliable guy. I have watched his videos in RT (Keiser Report), and in general he is pro-Bitcoin. But regarding this venture (Bitcoin Capital), I don't know whether I should support it or not. He got some good amounts of money from the crowdfunding route. Let's wait and watch whether he conducts a pump and dump or not.

Max Keiser reliable? He is just trying to re-do the whole P&D thing, like he did with MaxCoin. There are millions to be made if he's doing it the right way, but with the consequence of leaving a trail of destruction behind.

[cbase]

1.6million investments can have a positive and a negative system in the market of bitcoins.

Looking st the history of this guy, I think he knows what he's doing and probably benefit the system than damage it.